The document provides an overview of the metal fabrication market in Canada and the United States. It notes that the US is moving towards less taxation and regulation while Canada is increasing taxes and regulations. Several sources are cited that indicate Canada's carbon tax will significantly hurt the economy. The document then outlines the agenda which includes data on commodity prices, automotive production, agricultural equipment, steel production, oil rigs and pricing, and innovation in metal fabrication. It concludes by discussing priorities around trade agreements, competitiveness, infrastructure projects, balancing environment and industry, and unions.

1. ELECTION 2019 –
METAL
FABRICATION –
CANADA AND THE
USA
BY: PAUL YOUNG, CPA, CGA
DATE: MAY 28, 2019

2. DISCLAIMER
• This presentation looks at the metal fabrication market for Canada and United States

3. OVERVIEW
• United States is moving to both less tax and less regulates - https://www.wsj.com/articles/u-s-tax-overhaul-
will-accelerate-global-growth-imf-says-1516629601
• Canada is moving to more tax and more regulations
(http://business.financialpost.com/commodities/energy/ottawas-carbon-tax-plan-to-shrink-economy-by-3-
billion-hurt-loonie-in-2018-study or http://business.financialpost.com/opinion/wait-taxing-carbon-leads-to-
economic-growth-some-people-actually-believe-this-nonsense or
https://www.nationalobserver.com/2018/01/22/news/paternalistic-first-nations-plan-flagged-trudeau-
ministers-kinder-morgan-memos or http://www.nrcan.gc.ca/energy/facts/energy-economy/20062 or
http://www.cbc.ca/news/canada/calgary/ceri-eastern-refineries-canadian-oil-1.4502037
• Carbon Tax will cost the Canadian Economy over $10B/year - http://torontosun.com/news/national/furey-the-
real-cost-of-canadas-carbon-tax-its-35-billion-per-year-says-expert
• Canada is losing out to FDI - http://business.financialpost.com/news/economy/foreign-direct-investment-in-
canada-plunges-on-oil-exodus-1

4. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

5. AGENDA
• Commodity Index
• Automotive
• AG Equipment Monthly % Change
• Class 8 Trucks Sales vs Freight Index
• Steel Production Monthly % Change
• Oil Rigs and Oil Pricing % change
• Blog – Innovation / Metal Fabricating
• What’s next?

6. COMMODITY INDEX
Source - https://www.scotiabank.com/ca/en/about/global-economics/commodity-price-index.html

7. AUTOMOTIVE / NORTH AMERICA
Source - http://www.scotiabank.com/ca/en/about/global-economics/global-auto-report.html

8. AG EQUIPMENT (UNITS)
SOURCE – ASSOCIATION OF EQUIPMENT MANUFACTURERS

9. CLASS 8 TRUCK SALES % CHANGE
SOURCE – THE TRUCKER

10. STEEL
PRODUCTION
Source -
https://www.worldsteel.org/media-
centre/press-releases/2019/April-
2019-crude-steel-production.html

11. OIL RIGS AND OIL PRICING (MONTHLY % CHANGE)
Source – Baker Hughes and BMO

12. INNOVATION / METAL FABRICATION
• Cutting Tools - https://3dprintingindustry.com/news/sandvik-coromant-introduces-new-3d-printed-
metal-cutting-tool-to-improve-productivity-154451/
• Employment / 3D Printing - https://www.workopolis.com/jobsearch/3d-printing-jobs/ontario-
canada?job=zGetra_7BeefSr1iPtDLPlntTN9XlOlm1IF8X3zE5XOZs28xQNJrzA
• 3D Bridges - https://www.iflscience.com/technology/robot-going-3d-print-steel-bridge/
• 3D Printing Market - https://www.forbes.com/sites/louiscolumbus/2018/05/30/the-state-of-3d-
printing-2018/#c4d63ef7b0a8

13. WHAT’S NEXT
• USMCA deal being approved by all governments - https://www.agweek.com/opinion/columns/4617546-now-
232-tariffs-are-gone-what-next-usmca
• All levels government need to fixed their competitive issues - https://www.slideshare.net/paulyoungcga/2019-
election-business-competitiveness-canada-may-2019
• Transit and infrastructure projects need to get off the ground -
https://www.slideshare.net/paulyoungcga/infrastructure-and-capital-investment-canada-march-2019
• More balance between the environment and getting goods to the market -
https://www.slideshare.net/paulyoungcga/2019-election-climate-change-and-the-environment-canada
• Unifor and other unions need to stop playing partisan politics - https://www.ctvnews.ca/politics/minister-vows-
transparency-over-600m-media-fund-defends-inclusion-of-unifor-1.4436796